Her Facebook, Instagram accounts were hacked. Now she says she may lose US$20K.

A recent report that looked at how identity crimes and cyberattacks hurt small businesses found half of those surveyed lost control of a social media account to a cybercriminal, with 87% of them losing business revenue because of it. — Photo by Brett Jordan on Unsplash

While many people use Facebook and Instagram to stay in touch with family and friends, others use the sites to make money.

There’s been a rash of account takeovers by scammers in recent months, and Kelly, who has food pages on the social media website and asked that her last name not be published for privacy reasons, says it’s jeopardizing her livelihood.